Certified Specialist Business Intelligence Practice Test

Which term refers to the resources used in operations analytics?

1. Intangible resources

2. Financial assets

3. Labor, supplies, hard assets

4. Distributed decision-making

The correct answer is: Labor, supplies, hard assets

The term that refers to the resources used in operations analytics encompasses various physical and tangible elements that are essential for analyzing and optimizing operations. Labor, supplies, and hard assets represent the core components involved in the operational processes. Labor refers to the workforce that drives operations analytics through their skills and efforts in collecting, analyzing, and interpreting data. Supplies are the necessary materials and components that support the functioning of operations. Hard assets, which include equipment and machinery, are crucial for executing operational tasks and gathering data for analysis. In contrast, intangible resources do not directly contribute to operation analytics in a tangible way, as they represent concepts like knowledge or brand reputation rather than physical components. Financial assets focus on the monetary aspect of a business, which could support operations but does not represent the direct resources involved in the analytical processes. Distributed decision-making relates to how decisions are made within an organization and isn’t a direct resource employed in executing operations analytics. Thus, labor, supplies, and hard assets collectively encapsulate the necessary resources utilized in operations analytics, making this the correct choice.